Scottish investors demonstrated a strong start to the year, with initial contributions to new individual savings accounts (ISAs) surging by an average of 19% in the first quarter of 2025 – the biggest quarterly rise of any UK region, according to Scottish Friendly.
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The UK government is developing a detailed regulatory framework aimed at positioning the UK as a global leader in digital finance. The proposed rules will subject cryptoasset firms involved in trading, staking, and custody to standards similar to those governing traditional financial institutions.
Shepherd and Wedderburn has announced the appointment of project finance specialist Graham Young as the latest partner to join its clean energy team. Mr Young brings extensive experience in complex banking and finance transactions, and his technical skillset and sector expertise have earned him a st
Credit ratings can act as a significant restraint on the risky behaviours often associated with overconfident chief executives, new research has revealed. Researchers led by Bangor University in Wales and other institutions including Heriot-Watt University, The University of Aberdeen, and Vlerick Bu
Chancellor Rachel Reeves is set to initiate a review of the UK's Individual Savings Account (ISA) market within weeks, aiming to encourage savers to invest more in UK stocks rather than holding cash.
Julie Ashworth, who is a non-executive director for the Institute of Chartered Accountants of Scotland (ICAS), has been appointed to lead the new forum to advise the City of Edinburgh Council on all matters related to establishing Edinburgh’s Visitor Levy and its ongoing performance. A recruit
Organisations working to support vulnerable individuals across Scotland are being invited to apply for grant funding from a newly launched charitable foundation. Accountancy firm Henderson Loggie has established the Henderson Loggie Charitable Foundation to provide support to those most in need.
NatWest Group posted a strong start to the year, with first-quarter operating profits before tax jumping 36% to £1.8 billion, significantly beating analyst expectations. This performance was driven by increased deposits and mortgage lending, the latter boosted by buyers finalising purchases be
Dundee University's charitable status is at risk of being withdrawn after it failed to submit its annual accounts to the Office of the Scottish Charity Regulator (OSCR) by the required deadline. As a charity established by royal charter, the university submits its financial statements to OSCR rather
Mortgage approvals for UK homebuyers fell for the third consecutive month in March, signalling a potential market slowdown, according to the Bank of England. Falling by 800, approximately 64,300 mortgages for house purchases were approved – a key indicator of future borrowing activity.
Lloyds Banking Group has reported a 7% fall in pre-tax profits to £1.52 billion for the first quarter, despite a 4% increase in net income to £4.39bn. The decline was primarily driven by higher costs and increased impairment charges for potential bad debts.
Shares in Aberdeen-based Wood Group have been temporarily suspended from the London Stock Exchange.
Hundreds of buildings have been brought back into use and over £10 million has been raised for council services thanks to new tax-raising powers adopted by the City of Edinburgh Council.
Murray Capital, the private investment office of the Murray family, has appointed Colin Mitchell as its group finance director. He succeeds Euan Campbell, who has moved on after more than 10 years in the role.
Household bill arrears among StepChange Scotland clients have surged to an average of £5,193, according to the charity’s newly published 2024 Scotland in the Red report, marking a staggering 65% increase from £3,147 in 2023. Nearly seven in ten (68%) of those seeking help from Step
